Member-only story
“You look very tan,” I said to “Jason” during our Zoom update. “How was your vacation?”
“The vacation was great,” he said. “The weather was a perfect 80 degrees every day with a slight breeze off the ocean. We had a really nice time.”
“I’m guessing that may be part of the reason for item number five on your list?” I said, laughing. I have my clients write up a top five list of items they’d like to discuss during our conversations. Jason’s item number five was, “I think I’d like to sell the company in the next year.”
“It might have,” Jason said. He was laughing as well.
Only you know when the right time to sell your company is.
I’ve been working with Jason for almost four years. During that time, Jason has built his company into a market leader in his space. Revenue is at $20 million per year, and it is on a pace to double again this year.
About one year ago, Jason started receiving unsolicited requests for meetings from market analysts, investment bankers, and adjacent companies in his space. It reminded me of what happened as my company started growing.
I recommended that Jason meet with all of them. We agreed that it was way too early to even think about selling the company, but it…
